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Industry

China issues bioeconomic development plan

May 11, 2022


Abstract : China's National Development and Reform Commission (NDRC) on Tuesday issued a plan for the development of bioeconomy during the 14th Five-Year Plan period (2021-2025), reported Economic Information Daily on Wednesday.

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A worker operates at the workshop of a pharmaceutical company in Shijiazhuang, north China's Hebei Province, Jan. 14, 2022. (Xinhua/Yang Shiyao)

BEIJING, May 11 (Xinhua) -- China's National Development and Reform Commission (NDRC) on Tuesday issued a plan for the development of bioeconomy during the 14th Five-Year Plan period (2021-2025), reported Economic Information Daily on Wednesday.

It is the first time that China has released such a plan focusing on developing bio-medicine, bio-agriculture, biomass substitution and bio-safety. Under the plan, China will see an increase in the total scale of bioeconomy by 2025.

Based on the protection, development, allocation and use of biological resources, the plan will systematically promote the extensive penetration of life science and biotechnology into medicine, health, agriculture, energy, environmental protection and other fields of the national economy, speed up the construction of a modern biological industry system, and lay a solid foundation for the rapid and healthy development of biological economy, said Wang Xiang, a senior official with NDRC. 

(Edited by Dai Jingjing with Xinhua Silk Road, aime_jenny@163.com)

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Keyword: NDRC bioeconomic development

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